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    4301 11Th Ave Seattle, WA 98105

    Sponsored
    For Sale
    $1,800,000

    Prime corner lot, 4,138 sq ft, high walk/bike score.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional commercial land parcel, located at 4301 11th Avenue NE in Seattle, Washington, presents a unique investment opportunity. The 4,138 square foot lot boasts a prime corner location in the vibrant University District, just two blocks from the Link Light Rail station and four blocks from the University of Washington. Its dimensions are 40 feet by 101 feet. The property is zoned SM-U 95-320 (M1), offering considerable development potential. Currently leased month-to-month to Diamond Parking, this land provides immediate income potential while allowing for future development plans. The location benefits from a Walk Score of 94 and a Bike Score of 84, reflecting its convenient access to a wide array of amenities, including shops, restaurants, and the University District's bustling atmosphere. The King County Assessor's Parcel Number (APN) is 114200-0580. The asking price is $1,800,000, translating to a land value of $434.97 per square foot. This property is an ideal investment for developers or those seeking a high-return opportunity in a rapidly growing area of Seattle. The 98105 zip code further underscores the desirability of this location.

    Property Features for 4301 11Th Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3169081
    Latitude
    47.6600943

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    FAQs

    What type of property is this?
    Land - Prime corner lot, 4,138 sq ft, high walk/bike score.
    Where is this land located?
    The property is located at 4301 11Th Ave Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    Request Owner's contact information
    4301 11Th Ave Seattle, WA 98105
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    Seattle, WA 98105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4301 11Th Ave Seattle, WA 98105
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